Torian Insurance Group Inc. (Nasdaq: TIG – get rating) – William Blair analysts lowered their EPS estimates for the first quarter of 2023 for Trian Insurance Group in a report released on Monday 7 November. William Blair analyst A. Klauber now expects the company to post earnings of $0.15 per share in the quarter, up from earlier estimates he had $0.16. The current consensus estimate of annual earnings for Trian Insurance Group is $0.44 per share. William Blair also announced his estimated second quarter 2023 earnings for Trien Insurance Group at his EPS of $0.10.
TIG has been the subject of many other research reports. JPMorgan Chase & Co. lowered its price target on Triane Insurance Group shares from $6.00 to $5.50 and set the company’s rating to “neutral” in a research note on Thursday, November 3. StockNews.com began covering shares of Trian Insurance Group in a research note on Wednesday, October 12th. They gave the company a “buy” rating.
Trian Insurance Group trading fell 0.4%
shares of Nasdaq: TIG Opened Thursday for $2.48. The company has a 50-day moving average of $3.54 and a 200-day moving average of $5.04. The company has a market capitalization of $126.98 million, a P/E of 4.77 and a beta of 0.71. His 12-month low is $2.43 and 12-month high is $10.24 for Trian Insurance Group. The company has a quick ratio of 0.75, a current ratio of 0.75 and a debt to equity ratio of 0.07.
Institutional investor of Trian Insurance Group
Institutional investors and hedge funds have recently increased or decreased their stakes in businesses. Royce & Associates LP increased his Trian Insurance Group holdings by 17.1% in the first quarter. Royce & Associates LP now owns 4,760,062 shares worth $22,325,000 after acquiring an additional 694,537 shares in the previous quarter. Natixis Advisors LP increased its stake in Trian Insurance Group by 10.2% in the first quarter. Natixis Advisors LP now owns 182,946 shares worth $858,000 after acquiring an additional 16,993 shares during this period. Blair William & Co. IL increased his Trian Insurance Group stake by 5.3% in the first quarter. Blair William & Co. IL now owns 762,007 shares worth $3,574,000 after purchasing an additional 38,044 shares during this period. Renaissance Technologies LLC increased its stake in Trian Insurance Group by 92.7% in the first quarter. Renaissance Technologies LLC now owns 29,100 shares worth $136,000 after purchasing an additional 14,000 shares during this period. Finally, UBS Group AG increased its stake in Trian Insurance Group by 26.7% in the first quarter. UBS Group AG now owns 8,250 shares worth $39,000 after purchasing an additional 1,738 shares during this period. Institutional investors own 29.01% of the company’s shares.
Trian Insurance Group Company Profile
Torian Insurance Group underwrites specialty property and casualty insurance products in the United States. The company underwrites businesses, primarily workers’ compensation, accident and health, and medical professional liability products. We also offer a range of services including issuing carriers, claims management and reinsurance brokerage services.
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